Get 20% Hyatt Points Back As A Cardholder
Hyatt has just announced a great new promotion that presents another great reason to have the Chase Hyatt card. With this promo, Chase Hyatt cardholders will receive a 20% rebate on their point redemptions.
Apply For The Chase Card?
Unfortunately, this offer is only for current cardholders, but if you are not a cardholder, it would make a good time to go ahead and apply so that you have one for any other promo that comes along. Besides, the two free nights you get after spending $1,000 and the annual free night are pretty great reasons for the card as well. My wife and I both keep this card simply because of the annual “free” night. We have great redemption nights every year and only paying $75 (annual fee) for those nights is a great benefit. Of course, the occasional spending promotions are pretty great as well.
How To Register And Use
To register, go – here – and enter your Hyatt Gold Passport number. Once you enter it, it will show that you have completed step 1 of the promo and encourage you to go ahead and make your reservations.
This promo works on a variety of point redemption options:
- Award stays
- Points + Cash stays
- Suite upgrades
- Dining and spa redemptions
To have your point redemption be valid for the rebate, you must register for the promotion between now (February 17) and March 31. The promotion is valid for point uses from now through July 31, 2015 and only valid for Hyatt cardholders that were in good standing as of January 31, 2015 (so, no love for you if you just got this card in the last two weeks).
Getting The Hyatt Points
With Ultimate Rewards as a 1:1 transfer partner, that is going to be the easiest route for most people towards getting the points you need for this promo. Simply login to the Ultimate Rewards website and add your Hyatt account as a transfer partner and initiate the transfer. It is an instant transfer so go ahead and begin booking as soon as the points post!
The promotion is valid only for Hyatt Credit Cardmembers in good standing as of 1/31/2015 who receive this promotion from Hyatt and register for the promotion between 2/17/2015 and 3/31/2015. To qualify for this bonus offer, account must be open and not in default at the time of fulfillment. Only points redeemed between 2/17/2015 and 7/31/2015 will be eligible for this promotion. If a redemption is connected to a stay, the entire stay must be completed by 7/31/2015. You will receive 20% back on the Hyatt Gold Passport points you redeem for award stays, points + cash, suite upgrades and dining and spa activities. Points redeemed for Avis car rental certificates or points transferred to airline partners are not eligible for this promotion. Please allow 4-6 weeks after your points redemption has been completed for your bonus Hyatt Gold Passport points to be loaded into your account.
I find this to be a great deal! My favorite method of Hyatt bookings is with Points + Cash reservations which is perfect for those Diamond members who want to redeem their upgrade certificates that expire at the end of this month (the certificates expire but can be used before then for stays after then). I was about to make some reservations anyway so this is just the perfect timing and I will be taking advantage of it.
It is a good move for Hyatt as well. I am sure that many of their customers transfer Ultimate Reward points for their stays and the fact that the promotion issues points as a rebate instead of a percentage off at the time of booking/staying means that your account will have quite a few Hyatt points in it afterwards. Let’s say that you use this promo to redeem for a 4 night stay at a Category 3 using Points + Cash. That translates to a total of 24,000 Hyatt points used for the reservation and you will receive a rebate of 4,800 points after your stay has completed (4-6 weeks). 4,800 points is not a ton of points but just the right amount to book another Points + Cash reservation, giving Hyatt that cash component on your next stay.
So, it is good for all of us! The only people it is not good for is the group of people that have not yet applied for the Chase Hyatt card. As one of my favorite cards and card bonuses, I can easily recommend it and this just gives it one more plus (in the case of any future promotions similar to this).